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- Germany's DIHK Chamber of industry and commerce cuts 2019 GDP growth forecast for German economy to 0.6% from 0.9% previously
Germany's DIHK Chamber of industry and commerce cuts 2019 GDP growth forecast for German economy to 0.6% from 0.9% previously
German economy is under pressure, business outlook has deteriorated since start of year
industrial companies are struggling with slowing world economy
domestic economy won’t be able to decouple itself from difficult trade environment in the long run
business sentiment in retailing, construction remains very good, both sectors drive overall growth
expectations for foreign business hit lowest level in 10 years, "that’s an alarm signal"
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